Some thoughts to add to the US tax repatriation discussion, and what it means for the dollar Back in December, a few US Senators eventually capitulated to allow the final passing of the Tax Plan. These senators stood aside because they knew that the Senate had...
the House bill “gets the job done” “I’m committed to a compromise that would preserve the deduction for state and local property taxes” He said he believed the House is “on schedule.” Bloomberg has more here
Sets Deemed Repatriation Tax On Overseas Profits At 12% For Liquid Assets, 5% For Illiquid Assets Meets $1.5 Trillion Federal Deficit Ceiling For Tax Legislation Keeps 7 Individual Tax Brackets, Sets 38.5% Top Earners Rate, Down From 39.6 % Sets 10% Tax Rate For U.S....
As the market sits waiting for the US political cogs to turn, we should try to gauge what sort of value a positive headline is worth Trading on expectations is fine until the market prices everything in. Traders today have been glued to their screens to await all the...
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